Northwest Bancshares Inc expected to post earnings of 24  cents a share - Earnings Preview

Northwest Bancshares

20/10/2023 12:22

* Northwest Bancshares Inc  NWBI.OQ   NWBI.O  is expected
to show
a fall in quarterly revenue when it reports  results 
    * The Columbus Ohio-based  company is expected to report  a
1.4% decrease in revenue to $111.122 million from $112.75
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Northwest
Bancshares Inc
is for earnings of 24 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Northwest
Bancshares Inc is $11​, above​ its last closing price of $10.08.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.26        0.26       0.26      Met     -0.6
 Mar. 31 2023  0.26        0.26       0.26      Met     -1.3
 Dec. 31 2022  0.31        0.31       0.27      Missed  -13.8​
 Sep. 30 2022  0.29        0.29       0.29      Met     0.6
 ​​Jun.        0.22        0.22       0.26      Beat    18.2
 30 2022                                                
 Mar. 31 2022  0.20        0.20       0.22      Beat    10.6​
 Dec. 31 2021  0.22        0.22       0.24      Beat    10.9
 Sep. 30 2021  0.22        0.22       0.27      Beat    22.3
 This summary was machine generated October 20 at 11:22 GMT.  All
figures in US dollars  unless otherwise stated